Andreas "Carsten" Krause (MBA, CISM, TOGAF)’s Post

Have you ever felt lost in a sea of data – trying to make sense of numbers from various spreadsheets, emails and messy dashboards that don’t integrate with one another? You’re not alone. Data overload, a highly technical consulting term, has become a common headache for organizations of all kinds.  As companies map out their strategic plans, making sense of big data has become a top priority. Data dashboards are no longer buzz words; they have become critical tools that help leaders make smarter business decisions.  Good insight by my teammate Brad Pung, CPA https://lnkd.in/d-JU3TzN

🔍 𝗕𝗜 (𝗞𝗶𝗻𝗱𝗮) 𝗦𝘂𝗰𝗸𝘀 – 𝗛𝗲𝗿𝗲'𝘀 𝗪𝗵𝘆 𝗧𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗧𝗼𝗼𝗹𝘀 𝗙𝗮𝗹𝗹 𝗦𝗵𝗼𝗿𝘁 Let’s talk about something everyone’s thinking but few say out loud: Business Intelligence tools, as they are today, kinda suck. They promise to centralize data and provide a clear view of your business, but the reality? They often fail to deliver. ↳ 𝗖𝗼𝘀𝘁𝗹𝘆 𝗦𝗲𝘁𝘂𝗽𝘀: BI tools are expensive, requiring not just the software but also data warehouses, pipelines, and full-time data engineers.  ↳ 𝗖𝗼𝗻𝘀𝗲𝗻𝘀𝘂𝘀 𝗜𝘀𝘀𝘂𝗲𝘀: Even if you pull data from all the right places, getting your team to agree on what the metrics actually mean is a nightmare.  ↳ 𝗚𝗮𝘁𝗲𝗸𝗲𝗲𝗽𝗲𝗿𝘀 𝗼𝗳 𝗗𝗮𝘁𝗮: Instead of democratizing data, BI tools often end up reinforcing the “data breadline,” where only the few can access and interpret the data.  ↳ 𝗦𝘁𝘂𝗰𝗸 𝗶𝗻 𝘁𝗵𝗲 𝗣𝗮𝘀𝘁: BI tools are great for historical analysis, but they fail at predicting future outcomes or adapting to new variables. The truth is, traditional BI just doesn’t cut it in today’s fast-paced business environment. It’s built for the past, not the future and only captures a small percent of what is really going on. 🎯 𝗧𝗵𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻? We’ve developed the first-ever Business Diagnostics platform that goes beyond the limitations of traditional BI. Our platform: ↳ Makes it easy to analyze your company and understand the real health across 300+ dimensions.  ↳ Moves past just numbers, offering actionable insights for future decisions.  ↳ Empowers you to take control without the heavy costs and headaches of traditional BI. Tired of outdated BI tools? Comment 'Insights' for free code for the premium version and discover a smarter way to understand and grow your business. #future #business #management #datadriven

Turning Data Chaos into Clarity: The Power of Effective Dashboards 📊 In today's data-driven world, we're drowning in information but starving for insights. The sheer volume of data available to businesses can be overwhelming, making it challenging to extract meaningful patterns and make informed decisions. Enter the unsung hero of data visualization: the dashboard. Dashboards are revolutionizing the way we interact with complex information. Interactive dashboards helps in transforming raw data into a goldmine of actionable insights. Whether you're a C-suite executive, a data analyst, or a team leader, mastering the art of creating a dashboard can be your secret weapon in navigating the data deluge. Here's why dashboards are game-changers: Here's why dashboards are game-changers: 🧠 Simplification: Dashboards translate complex data into easy-to-understand visuals, making it simple to grasp key trends at a glance. ⏱️ Real-time updates: Stay on top of changes as they happen, enabling faster, data-driven decisions. 🎨 Customization: Tailor views for different stakeholders, ensuring that everyone sees what matters most to them. 🕵️ Pattern recognition: Visualizations help spot correlations, trends, and anomalies that might be missed in raw data. ⏳ Time-saving: No more navigating through endless spreadsheets—dashboards provide the big picture instantly. 💡 Actionable insights: Transform data into clear next steps, bridging the gap between information and action. A great dashboard isn't about cramming in every data point. It's about curating the most impactful metrics and presenting them in a way that tells a story that drives business decisions. What's your experience with dashboards? Have they transformed how you approach data in your organization? Share your thoughts below! 👇 #DataVisualization #BusinessIntelligence #DecisionMaking #Analytics #Data #DataAnalytics #BusinessAnalytics

The power of Data Visualization. Did you know that most business decisions are made without Data driven insights? Consider the amount of data we have today. Only a few businesses use data analytics to inform their decisions. The rest rely on intuition, personal experience, assumption and guess work. It shouldn't be so. Let's explore the importance of data driven decision making, and discover how data visualization can transform your business. First of all, let's look at the definition. What is Data Visualization? Data visualization is the process of creating graphical representation of data to enable you to understand and communicate information and patterns in a simple way. It allows you to interpret and analyze data quickly and efficiently. For your visualization to be effective you must have clear objectives. It'll guide you to communicate insights. When I was learning Excel, I remembered the first dashboard I created……anytime I looked at it, I just laughed. Thank God for growth. The dashboard was too complex. I played with colours. I thought having complex visuals would mean better insights. I know better now. It's not about creating a pretty chart. It might look good to you, but what about others? We have different types of data visualization. Here are a few. Bar charts Line charts Pie charts Scatter plots Maps Interactive dashboard and reports. Remember, the key to effective data visualization is to choose the right type for your data, message and audience. When creating a dashboard. Make it simple. Don't use too many colors. Make it interactive. Choose the right visualization for the data and don't forget to label appropriately. In conclusion, Data visualization is a powerful tool for unlocking insights, driving decisions and telling stories with data. Below is one of the data I visualized using Power BI, the data obtained from AMDARI Do you need help turning data into business decisions? Dm let's get started. I use data to develop solutions to meet your organization's unique needs. #My3MTT #3MTTWeeklyReflection #3MTTAnambra #datavisualization #dataanalyst #thoughtleadership

🌟 **Unlock the Power of Data Visualization!** 🌟 Decision-makers face intense pressure to process information quickly. Raw numbers and spreadsheets can be overwhelming, but data visualization changes the game. By transforming complex data into easily digestible images, decision-makers can understand information faster and more effectively. Why is data visualization so powerful? The brain processes images in just 13 milliseconds and 60,000 times faster than text. This means quicker insights and better decisions. Data visualization techniques like charts, graphs, and dashboards help identify trends, monitor KPIs, and improve communication. They simplify forecasts, enhance strategic planning, and boost productivity by freeing up time for action. Transform your decision-making and drive better outcomes with data visualization! 📈✨ #DataVisualization #BusinessIntelligence #StrategicPlanning #DataDriven #IntegralNetworks

🔍 𝗕𝗜 (𝗞𝗶𝗻𝗱𝗮) 𝗦𝘂𝗰𝗸𝘀 – 𝗛𝗲𝗿𝗲'𝘀 𝗪𝗵𝘆 𝗧𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗧𝗼𝗼𝗹𝘀 𝗙𝗮𝗹𝗹 𝗦𝗵𝗼𝗿𝘁 Let’s talk about something everyone’s thinking but few say out loud: Business Intelligence tools, as they are today, kinda suck. They promise to centralize data and provide a clear view of your business, but the reality? They often fail to deliver. ↳ 𝗖𝗼𝘀𝘁𝗹𝘆 𝗦𝗲𝘁𝘂𝗽𝘀: BI tools are expensive, requiring not just the software but also data warehouses, pipelines, and full-time data engineers.  ↳ 𝗖𝗼𝗻𝘀𝗲𝗻𝘀𝘂𝘀 𝗜𝘀𝘀𝘂𝗲𝘀: Even if you pull data from all the right places, getting your team to agree on what the metrics actually mean is a nightmare.  ↳ 𝗚𝗮𝘁𝗲𝗸𝗲𝗲𝗽𝗲𝗿𝘀 𝗼𝗳 𝗗𝗮𝘁𝗮: Instead of democratizing data, BI tools often end up reinforcing the “data breadline,” where only the few can access and interpret the data.  ↳ 𝗦𝘁𝘂𝗰𝗸 𝗶𝗻 𝘁𝗵𝗲 𝗣𝗮𝘀𝘁: BI tools are great for historical analysis, but they fail at predicting future outcomes or adapting to new variables. The truth is, traditional BI just doesn’t cut it in today’s fast-paced business environment. It’s built for the past, not the future and only captures a small percent of what is really going on. 🎯 𝗧𝗵𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻? We’ve developed the first-ever Business Diagnostics platform that goes beyond the limitations of traditional BI. Our platform: ↳ Makes it easy to analyze your company and understand the real health across 300+ dimensions.  ↳ Moves past just numbers, offering actionable insights for future decisions.  ↳ Empowers you to take control without the heavy costs and headaches of traditional BI. Tired of outdated BI tools? Comment 'Insights' for free code for the premium version and discover a smarter way to understand and grow your business. #future #business #management #datadriven

LEARN HOW SELF-SERVICE BI CAN HELP YOU GROW AS A BUSINESS OWNER! 🚀📈 In our last episode, We introduced ourselves to Self-Service BI and Mobile BI, In this Episode of The Business Titans' Pillar, We'd be delving into the Top Ten benefits of Self-Service BI to you as a Business Owner. The Benefits of Self-Service BI includes: 1. Empowerment of End Users Self-service BI allows users to access and analyze data independently, speeding up decision-making and fostering a collaborative, data-driven culture. 2. Reduction in Reporting Backlog Users can generate their own reports, reducing IT department backlogs and freeing IT for more complex tasks. 3. Cost Savings Less IT involvement in routine reporting cuts costs and accelerates decision-making, preventing revenue losses from delays. 4. Enhanced Decision Making Direct data access enables deeper insights, leading to more informed and strategic decisions. 5. Real-Time Insights Real-time data exploration helps businesses quickly adapt to changes, staying ahead of market trends and customer behaviors. 6. Data Literacy Encouraging direct data interaction enhances data literacy and analytical capabilities across the organization. 7. Fostered Innovation Diverse users exploring data can generate unique insights and innovative solutions, driving new strategies. 8. Robust Data Visualization Self-service BI tools emphasize data visualization, helping users quickly grasp complex data through intuitive visuals. 9. Collaborative Environment These platforms support sharing of insights and reports, promoting a collective, data-driven approach and breaking down silos. 10. Scalability Modern self-service BI tools can scale with growing data and user demands, ensuring consistent performance and future-proofing. Proper data governance, security, and training are essential to prevent data misinterpretation and security breaches when implementing self-service BI. #TheBusinessTitansPillar #StartupSuccess #BusinessOwners #BusinessIntelligence #Data

💥5 Signs Your Business Needs a Data Consultant💥 In today’s data-driven world, businesses generate and interact with vast amounts of data daily. But simply having access to data is not enough. Transforming that data into actionable insights requires expertise, tools, and strategic thinking. A data consultant can be the game-changer your business needs to unlock its true potential. Here are five signs it’s time to bring one on board: 1. Struggling to Make Data-Driven Decisions 📊 If your business relies more on intuition than data for key decisions, you might be leaving money on the table. A data consultant can help you identify, analyze, and interpret the right data, empowering you to make informed and confident decisions. 2. Data is Unorganized or Inaccessible 🗂️ Is your data scattered across multiple systems, spreadsheets, or platforms? Without proper organization, even the best data is useless. A data consultant will streamline your data collection, storage, and access, ensuring your team works with reliable and centralized data. 3. Lack of Insightful Reporting and Dashboards 📈 Your business data should be more than just numbers; it should tell a story. If you struggle to extract meaningful insights or visualize your data effectively, a data consultant can design dynamic dashboards and reports tailored to your business needs. 4. Inefficient Processes and Missed Opportunities ⚙️ Manual data processing or outdated tools often lead to inefficiencies and missed growth opportunities. A data consultant can automate processes, implement cutting-edge tools like Power BI, and optimize workflows to save time and resources. 5. You're Unsure About Future Trends 🔮 Predicting customer behavior, market trends, or potential risks can feel overwhelming without the right expertise. A data consultant uses advanced techniques, such as predictive analytics and machine learning, to help you stay ahead of the curve and seize new opportunities. Why Act Now? Ignoring these signs can result in missed opportunities, reduced efficiency, and falling behind the competition. By hiring a data consultant, you can ensure your business stays competitive, efficient, and data-driven. 💡 Transform Your Business Today Partner with Data Lytics 360 Limited to unlock your data’s potential. Let us guide you toward smarter, data-backed decisions with our expert consultancy services. #DataConsultant #DataDrivenDecisions #BusinessGrowth #DataAnalytics #PowerBI #DataCleaning #BusinessIntelligence #DataLytics360

💥5 Signs Your Business Needs a Data Consultant💥 In today’s data-driven world, businesses generate and interact with vast amounts of data daily. But simply having access to data is not enough. Transforming that data into actionable insights requires expertise, tools, and strategic thinking. A data consultant can be the game-changer your business needs to unlock its true potential. Here are five signs it’s time to bring one on board: 1. Struggling to Make Data-Driven Decisions 📊 If your business relies more on intuition than data for key decisions, you might be leaving money on the table. A data consultant can help you identify, analyze, and interpret the right data, empowering you to make informed and confident decisions. 2. Data is Unorganized or Inaccessible 🗂️ Is your data scattered across multiple systems, spreadsheets, or platforms? Without proper organization, even the best data is useless. A data consultant will streamline your data collection, storage, and access, ensuring your team works with reliable and centralized data. 3. Lack of Insightful Reporting and Dashboards 📈 Your business data should be more than just numbers; it should tell a story. If you struggle to extract meaningful insights or visualize your data effectively, a data consultant can design dynamic dashboards and reports tailored to your business needs. 4. Inefficient Processes and Missed Opportunities ⚙️ Manual data processing or outdated tools often lead to inefficiencies and missed growth opportunities. A data consultant can automate processes, implement cutting-edge tools like Power BI, and optimize workflows to save time and resources. 5. You're Unsure About Future Trends 🔮 Predicting customer behavior, market trends, or potential risks can feel overwhelming without the right expertise. A data consultant uses advanced techniques, such as predictive analytics and machine learning, to help you stay ahead of the curve and seize new opportunities. Why Act Now? Ignoring these signs can result in missed opportunities, reduced efficiency, and falling behind the competition. By hiring a data consultant, you can ensure your business stays competitive, efficient, and data-driven. 💡 Transform Your Business Today Partner with Data Lytics 360 Limited to unlock your data’s potential. Let us guide you toward smarter, data-backed decisions with our expert consultancy services. #DataConsultant #DataDrivenDecisions #BusinessGrowth #DataAnalytics #PowerBI #DataCleaning #BusinessIntelligence #DataLytics360

I think data dashboards receive a lot of criticism from the wrong perspective. There are some fair points being made about organisations with ungovernable numbers of dashboards that don’t benefit – that’s understood. But the question of whether a dashboard is a suitable solution for you is context dependent. A dashboard is not and should not be treated as the end, in and of itself, of data management and analytics – it’s a means to an end. Setting a goal to produce dashboards, without identifying why it and if it’s appropriate, is not going to help. As with having KPIs based on the numbers of dashboards you produce. But honestly speaking, who’s fault is it that there are tons of useless dashboards? Did I miss something about visualization tools developing consciousness and forcing humans to build useless dashboards? The problem lies with people’s understanding and viral marketing. As for the latter, there’s a considerable amount of conscious and unconscious psychological imprinting on data analysts and business leaders. For example, how many architectural diagrams, data pipelines etc. do you see with dashboards at the end of the equation? How many data analytics courses finish up with a dashboard project? Certainly, this gives the impression the main area data value is realised is ‘the dashboard’. So, here’s my advice to data leaders: ·        Work on increasing the data literacy of managers and the C-suite, helping them to understand data value realisation, the different means of achieving this and the importance of context-setting. ·        Work on data analysts to help them to understand how to build use cases strongly tied to business goals, understand how to communicate data and get them to challenge themselves (e.g. is this dashboard really necessary or could you do something else) in deciding which means to take. It’s better, in my opinion, rather than talking about why dashboards are 'terrible' and 'problematic', to talk about best practices, when to implement them and what other alternatives we have to broaden people’s perspectives. So, discussion for my network: can we come up with some examples, principles and tips of when and how to use dashboards? Also, what alternatives should we use dashboards? Ahmad Sirka Christopher Chin AHMED ALORAGE. Dr Shorful Islam Ahmad Alawami #datamanagement #dashboards #analytics